06-JUNE 07-2021

Valentine'sGood morning.
The past few years has seen the rise of SPACs, or special purpose acquisition companies.  These firms simply offer a way for companies to go public by merging with the SPAC shell corporation.  It’s a more efficient way of going public, and has been good for companies such as Virgin Galactic (SPCE) and DraftKings (DKNG).
Investors got overly enthusiastic about the space, however, driving the price of a shell company worth $10 to as high as $15 or $20 in some cases before prices started cratering in February.  Now, billionaire Bill Ackman, who launched a SPAC late last year, has announced a potential $40 billion deal to take Universal Music public.
The market hated the news, given the highly complicated nature of the deal, sending shares of the SPAC name well under their cash value, and likely scaring off a potential rebound in SPAC names for months to come.

Now here’s the rest of the news:

What is MMTThere’s Nothing Modern About MMT –Alexander William Salter,Reason
Similar measures have been tried before, right here in America, and they have worked.  But that’s actually not good news for modern MMT fans.  Here’s why… [Read Here]

Fed’s Favorite Lowball Inflation Gauge is Red-Hot, Not Seen in Decades, Even Without the “Base Effect” –Wolf Richter,Wolf Street
The Fed’s favorite lowest-of-lowball inflation measures was the highest two months annualized rate since 1985.  That’s 50% over the Fed’s inflation target… [Read Here]

June 07, 2020

Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday.  A collection of the weeks videos from Darren Hardy.  Enjoy!

Describing its beauty!!!  The radio communications tower on Signal Hill in St. John’s, Nfld., attracts tourists regularly.

The radio communications tower on Signal Hill in St. John's, Nfld

It still sits perched atop high rugged coastline, Eastern Newfoundland, Atlantic Canada.

June 07, 2019

Whenever there is an economic downturn people are not able to fulfill their desires.  So those desires get repressed and the more they are thwarted the stronger they become.  And desire is what will fuel the next 30 years of economic prosperity.  Can’t you feel it?  It is building.  The greatest economic boom of all time is brewing and today’s Professional Salespeople, Relationship-Marketers and Entrepreneurs will be the ones to take advantage of it.  NOW is the time to hone your skills and become a Pro at every aspect of professional selling.  INVEST THE TIME TO LEARN HOW TO SELL!

Riddle:  Who hired a blimp that said, “British Airways Can’t Get It Up” when they were having construction problems … Driven a tank through the streets of New York to get attention for the launch of Virgin Cola … Rappelled down the side of the Palms Casino in a Tux, and crossed the English Channel in a floating car?

I’m going to bet, you too are a fan of: (answer) Richard Branson.

If you are willing to use a tiny bit of creativity, and work your brand thru social media, you could find yourself getting the “free press and traffic” that would OTHERWISE COST YOU BIG!

“YOU are the brand, and YOU are the expert.  Not your product or company.”

YOU should be out there, working for you!

Keep tuned in, right here, ’cause I’m going to have some new training in the month of June that I’ll be letting you know about soon!  😉

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Come From Aways, Do You?

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09-SEPTEMBER 18-2021

Ten Ways To Foster Innovation In order to compete effectively, we must look for new and better ways to accomplish our mission.  We must find creative methods to delight our customers.  And we must find innovative strategies for getting more done with fewer resources. With things changing as rapidly as they are, doing things the old way won’t be profitable for very long.  To grow, we must be constantly innovating. An innovative company attracts and keeps better employees.  People want to be part of something creative.  It’s stimulating and it’s fun. Here are ten things you can do to foster

09-SEPTEMBER 17-2021

Good morning. We’re fans of following company insiders when they buy their own shares.  That’s because they only buy if they see a good value going forward.  Most company insiders are partially compensated in shares, so they have plenty of reasons to sell, from portfolio diversification to big spending bills like a second house or divorce. Overall, buying with company insiders produces excess returns compared to the market.  But they’re not the only insider group out there. Consider Congress.  Last year, two senators sold off stocks after an early hearing on Covid and before the big crash.  House Speaker Nancy

09-SEPTEMBER 16-2021

Good morning. Yesterday marked the 13th anniversary of the collapse of Lehman Brothers, a “victim” of over leverage on the US housing market.  Yesterday also marked the day when Evergrande, a Chinese real estate firm, stated that it wouldn’t pay interest on its already-collapsing bonds. For years, many have warned about the size and rate of China’s real estate buildup, from empty cities to investment homes that sit unused (one of the few places where citizens can park cash).  While we’re optimistic that the damage can be contained to China and not impact global growth too much, we also can’t

09-SEPTEMBER 15-2021

Good morning. We’ve warned for weeks that stocks are at elevated levels, and that a modest pullback would be likely.  Now, however, investor sentiment has gotten heavily bearish, for more than just a small pullback. That’s somewhat concerning, as fears of a market pullback could lead to enough profit-taking and cash-raising that it becomes a self-fulfilling prophecy.  However, a market so quick to get so bearish could also be a sign that there’s still a major rally ahead.  Bull markets don’t die when investors get fearful.  Rather, it’s when investors get so bullish that they go all-in at record highs.

09-SEPTEMBER 14-2021

Good morning. With Labor Day weekend over, oil prices should be trending down.  The summer driving season in North America is over, and it’s largely an American phenomenon.  However, expectations for a potentially colder-than-average winter are keeping a bid under oil prices right now. At a time when traders typically expect lower prices going forward, oil is now at a 5-week high and trending higher.  And Bank of America analysts see crude oil pumping as much as $100 per barrel under an exceptionally cold winter scenario.  It’s likely that gas prices may remain higher for longer than expected, and can

09-SEPTEMBER 13-2021

Good morning. Last week, Treasury Secretary Janet Yellen warned that the measures underway to preserve cash at the US Treasury were likely to run out in mid-October.  Unless Congress acts to raise the debt ceiling, there could be a potentially debt cliff where a number of government programs simply don’t get paid. That’s a scenario that nearly unfolded in 2011. 10 years ago, it also provided the stock market with a flat return for the year and a closest thing to a selloff since the housing crisis two years before that.  Last week’s market weakness may be starting to reflect

09-SEPTEMBER 12-2021

Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday.  A collection of the weeks videos from Darren Hardy.  Enjoy! Describing its beauty!!!  Fishing boats on the River Gwaun at Lower Town in Fishguard on the Pembrokeshire coast in Wales,U.K. It doesn’t matter how you get there … only that you come to visit! September 12, 2020 Whew! This year has definitely been one for the books. Between the “illness”, unrest, and just general uncertainty 2020 can move anytime! But, you know what really helps me when things get super overwhelming? Gratitude. Staying focused on the things

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